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Google Cloud unveils AI-optimised infrastructure enhancements

Google has announced game-changing updates to its AI-optimized cloud, featuring fifth-generation TPUs and NVIDIA H100 GPUs. Companies like Gridspace have reported a 5x increase in AI model training speed using the TPU v5e. This move highlights the demands of generative AI and large language models, which have seen their ‘parameters’ increase tenfold annually. Another notable advancement is the introduction of Multislice technology, which supports scaling of AI models beyond the physical limits of TPU pods. This capability is expected to materially boost Google Cloud’s performance. Lastly, as Google and other hyperscalers industrialize, it is increasingly evident that compute is migrating to regional hubs of power with friendly development environments. These hubs are revitalizing our industrial stock and evolving into the central backbone of our modern compute industry.

San Jose Data Center Expansion Planned By Equinix
Colocation services provider Equinix announced at the beginning of July it was planning a massive expansion in the San Jose data center market. When realized, the plans will add five new buildings totaling nearly 1 million square feet of data center space in San Jose.Two of the new facilities would be built near two of the company's existing Silicon Valley data centers on Great Oaks Boulevard, SV1 and SV5."We've had really strong fill rates in our core markets, and we have a lot of cloud companies that have come into our data centers," said Stuart Thompson, the director of...
New York Data Centers Added To CyrusOne Portfolio
CyrusOne announced in early July that it had closed on its acquisition of data center operator Cervalis Holdings LLC. With the purchase, CyrusOne adds four New York data centers and two work area recovery sites, expanding its existing portfolio to 31 facilities across 10 U.S. cities, London and Singapore. The terms of the transaction called for a subsidiary of CyrusOne to acquire Cervalis for roughly $400 million in an all cash deal.The four New York data centers are all Tier 3+ facilities that, along with the two recovery sites, make up more than 500,000 square feet of available space....
Data Center Tax Incentives Extended In Washington State
The state legislature of Washington passed a bill at the beginning of July that would extend data center tax incentives. The tax breaks, which were originally set to expire July 1, will cover facilities that are currently operating in the state and also data centers still to be built and will use tax exemption for server equipment and power infrastructure.Growing tax revenues from data centers have likely fueled the extensions. Nearly $4 billion has been collected in tax revenue from rural Washington towns Quincy, Moses Lake and Wenatchee since 2006.The tax breaks will likely benefit companies like Microsoft, whose...
Dallas Data Center Construction Started By Facebook
Social media giant Facebook started construction on a Fort Worth data center worth close to $1 billion. A press release from the governor's office revealed the owner of the massive data center construction project, which was previously unknown. The Fort Worth data center will be 750,000 square feet when finished and sits on 110 acres of land. The project will begin with a 250,000-square-foot building and be expanded over time. When complete, the facility is expected to create about 40 jobs, averaging an annual salary of $70,000.Facebook, which strives to increase computing power in order to accommodate its nearly 1.4 billion...
New Jersey and Virginia Data Centers for Sale by Net Data Centers
Colocation services provider Net Data Centers is selling facilities on the East Coast in order to exit bankruptcy. One New Jersey data center and three Northern Virginia data centers are currently for sale.Net Data Centers filed for Chapter 11 bankruptcy protection in February, citing higher-than-average retail rates at its data centers and an inability to differentiate within the New York and Northern Virginia markets, which are historically highly competitive.Kelly Morgan, research director of North American Data Centers at 451 Research, said that putting emphasis on differentiation is a way for colocation services providers to compete in a growing market, but...